What Is A Senior Vice President (SVP)?

The Senior Vice President (also known as Executive Director) role is a mixture of management and client sourcing. The more successful the SVP is at sourcing clients and deals, the more likely it is he will be promoted to Managing Director although there is no set time frame for when this is likely to happen.

Want to Vote on this Content?! No WSO Credits ?

Sorry, you need to login or sign up using one of the blue buttons below in order to vote. As a new user, you get 3 WSO Credits free, so you can reward or punish any content you deem worthy right away. See you on the other side!

I was hoping someone could fill me in on the salary/bonuses for different levels at a bulge bracket in Private Bank, as well as how many years at each level. This is for a top firm in NYC. I'll start with analyst: Analyst, $70k + 20-40 (2-3 years); Associate, Vice President, SVP/Director, ...

Much maligned and oft misunderstood. The Investment Banking Associates. To many analysts they are the deadbeat hippie embroidery/glass blowing double majors who decided to get their acts sort-of-straight and become investment banking lifers with no better Buyside tomorrow ahead of them. To the establishment higher-ups they are the next potential generation of BSDs, making it rain and providing the IB its own form of Future Value. However you slice it, being an associate is almost unavoidable in high finance. Whether you're in it for the long haul or looking to jump elsewhere, one thing is likely... Wherever you go, whatever you do... this may certainly await: ...

2016 Full-time IB Recruiting Timeline MegathreadIt's that time of year again, folks. Time to polish those resumes, fire up the LinkedIn and WSO search functions, and bug the hell out of the career advisers at your schools. It's recruiting time!
We are all looking for information on timelines and deadlines for every bank...

Cost Estimators: The Bankers of the Construction IndustryRecently guys I have started a career in the construction industry as a project manager and cost estimator for a local company (boutique) and have seen the underlying similarities to the bankers of the financial world.
It's also a career most finance and business guys haven't heard...

The ‘Business Cycle’ frameworkThis post is a follow-up to <a href="http://www.wallstreetoasis.com/blog/stop-reading-the-news-thoughtlessly-and-develop-a-macro-framework">one of my earlier posts, ‘Stop reading the news thoughtlessly and develop a macro framework’</a> which had generated some interest...

Why I Enjoy Networking with CandidatesI thought I'd write a networking post from a different perspective. We often see advice on WSO from people who are undergrads or recent hires with advice on how to network into the industry (good fresh perspectives from people who have recently navigated "the system"). I wanted to...

2016 Summer Analyst IB Recruiting Timeline Megathread<em>Mod Note (Andy): Make sure to bookmark this page as this will be the cumulative thread for 2016 SA <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-investment-banking-division-IBD">IBD</a></span>...

CFA Results - 2015Today is the big day we've been waiting for/dreading since early June, when we peeled out of the testing center parking lots, burned our books, and went off to get drunk with our long lost friends.
Level I & II results will be released via email today after 9:00 A.M ET. Level III...

McKinsey Who?Stumbled across this Forbes article from 1999 (link at bottom of post). When reading the first few paragraphs, you could easily think it was written yesterday (aside from the salary #'s). Makes the dotcom bubble of yore feel eerily familiar....
[quote]" <strong>7/26/1999...

Forum Topics

The growing perpetuity calculation in DCFHey, guys. I am a pre-MBA student. I studied one corporate finance class in law school so my question may seem too plain and simple. I was reading the DCF and noted that the calculation of the...

7 Things I Learned While Running a BusinessThought some of you may enjoy reading this. For the last 1-2 years, I've been running an editing service as a side gig. I probably won't operate it for too much longer because my regular job takes...

Transitioning from Operations to Asset Management I'm a recent finance graduate from a Canadian University, and graduated this year (3.1/4.0 GPA). I'm currently working at a large investment management/custody bank in investment servicing for mutual...

From generalist to consumer retailHi, I wold like to move from a generalist M&A boutique into a firm focused on consumer and retail. Can you suggest me any publication , book, modeling course to gain the knowledge to get prepared...

Summer internships in AMHi I would like to know how the recruitment process is in AM for summer (I am interested in London) and what typical part of interns get a FT offer after the summer

Soho (NYC) SubletTo anyone in need of an apartment / roommate, I've got a furnished bedroom in my apartment available. Shoot me a PM if interested. The Craigslist post below has the details.http://newyork....

Why I Enjoy Networking with CandidatesI thought I'd write a networking post from a different perspective. We often see advice on WSO from people who are undergrads or recent hires with advice on how to network into the industry (good...

CFAIf working in commodities which is becoming streamlined and narrowed as a broker / trader, how valuable will the CFA be. Understand its v broad therefore it would provide an in depth financial...

Consulting vs Tech Industry careerLooking for impartial career advice for a 24 yo needing to make a big life decision in the next couple of months.
Options I am considering now:
1.Stategy consulting in the City at a 2nd tier or...

West Michigan Undergrad SeniorHello Wall Street,
I am a little torn as to how to map out my final year as an undergrad at a non-target midwest state school. I will be beginning my senior year in exactly 29 days from this post. My...

RejectionMod Note (Andy): Make sure to check out the comment inside the post by @M- Weintraub
So, it's been a while since I've provided content to this wonderful website (sorry Patrick). But, I figure now...